When was SiFi founded?

SiFi was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is SiFi located?

SiFi is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of SiFi?

Ahmed Alhakbani of SiFi. They have also founded 1 company.

How many employees does SiFi have?

As of May 31, 2026, the latest employee count at SiFi is 109.

Is SiFi a funded company?

SiFi is a funded company, having raised a total of $30M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 04, 2022.

When was the latest funding round of SiFi?

SiFi's latest funding was a $***** Series A round on Feb 11, 2026, with participation from 10 investors.

Where does SiFi rank among its competitors?

SiFi ranks 71st amongst 3235 active competitors, of which 287 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $750M in Jun, 2026.

Who are the top competitors of SiFi?

SiFi's top competitors include Brex, Ramp and Intuit. Among them, Ramp secured the most recent funding round in June, 2026.

SiFi - 2026 Company Profile, Team, Funding & Competitors

SiFi is a series A company based in Riyadh (Saudi Arabia), founded in 2021 by Ahmed Alhakbani. It operates as a Provider of expense management platform for small and medium-sized enterprises. SiFi has raised $30M in funding from investors like Raed Ventures, Sanabil and Khwarizmi Ventures. The company has 3235 active competitors, including 287 funded and 241 that have exited. Its top competitors include companies like Brex, Ramp and Intuit.

Company Details

Provider of expense management platform for small and medium-sized enterprises. The platform offers tools for managing expenses, including real-time transaction tracking and custom approval workflows. It facilitates the issuance of physical and virtual cards with built-in controls. The platform automates accounting processes and streamlines employee reimbursements. It also provides payment solutions for local suppliers and international transfers.

Website: www.sifi.app/ar
Social
Email ID: *****@sifi.sa

Key Metrics

Founded Year

2021

Location

Riyadh, Saudi Arabia

Stage

Series A

Total Funding

$30M in 3 rounds

Latest Funding Round

Series A, Feb 11, 2026, $*****

Investors

Raed Ventures & 13 more

Ranked

71^st among 3235 active competitors

Employee Count

109 as on May 31, 2026

Similar Companies

Brex & 4085 more

View SiFi's full profile

SiFi has raised a total funding of $30M over 3 rounds. Its first funding round was on Feb 04, 2022. Its latest funding round was a Series A round on Feb 11, 2026 for $*****. 10 investors participated in its latest round. SiFi has 14 institutional investors.

Here is the list of recent funding rounds of SiFi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 11, 2026	4488174	Series A	1347980	5237870	8217476	4855046
Jun 03, 2024	8316938	Seed	7156581	8882958	7361615	Raed Ventures & 8 more
Feb 04, 2022	4255599	Seed	6332983	9683166	Khwarizmi Ventures	Breyer Capital

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View details of SiFi's funding rounds and investors

The founders of SiFi is Ahmed Alhakbani. Ahmed Alhakbani is the CEO of SiFi.

Here are the details of SiFi's key team members:

Ahmed Alhakbani: Co-Founder and CEO of SiFi.
Contact Info: 1 email address

View details of SiFi's Founder profiles and Board Members

SiFi's employee count trend

SiFi has 109 employees as of May 26. Here is SiFi's employee count trend over the years:

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Top competitors of SiFi include Brex, Ramp and Intuit. Here is the list of Top 10 competitors of SiFi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brex 2017, Draper (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 66 others	85/100
2nd	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.19B	Founders Fund, Coatue & 70 others	85/100
3rd	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Alcor Fund, TriplePoint Capital & 25 others	83/100
4th	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	80/100
5th	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
6th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Thrive Capital, Kinnevik & 15 others	80/100
7th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
8th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
9th	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Provider of digital accounts, prepaid cards, and payment processing services	$50M	Monashees, Andreessen Horowitz & 11 others	77/100
10th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Opus Incertum, 3S Beteiligungs & 23 others	77/100
71st	SiFi 2021, Riyadh (Saudi Arabia), Series A	Provider of expense management platform for small and medium-sized enterprises	$30M	MENA Venture Investments, Breyer Capital ... & 12 others	58/100